Articles from Sonder Holdings Inc.
Sonder Holdings Inc. Appoints Michael Hughes as Chief Financial Officer
Sonder Holdings Inc. (NASDAQSOND) (“Sonder” or the “Company”) today announced the appointment of Michael Hughes as Chief Financial Officer, effective January 22, 2025.
By Sonder Holdings Inc. · Via Business Wire · January 21, 2025
Sonder Holdings Inc. Appoints Erin Wallace to Board of Directors
Board Appoints Janice Sears as Independent Chair
By Sonder Holdings Inc. · Via GlobeNewswire · January 6, 2025
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND) (“Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on November 20, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024 (the “Q3 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the "SEC") on November 14, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
By Sonder Holdings Inc. · Via GlobeNewswire · November 26, 2024
Sonder Holdings Inc. Provides Update on Preferred Equity Transaction and Announces Executive Leadership Transitions
Preferred Equity Transaction and Previously Announced Actions Will Enhance Liquidity Profile by ~$146 Million to Support Long-Term Profitable Growth
By Sonder Holdings Inc. · Via GlobeNewswire · November 8, 2024
Sonder Holdings Inc. Receives Nasdaq Staff Determination Letter; Has Requested Hearing Before Hearings Panel
SAN FRANCISCO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it has received a letter from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, 2024 (the “Forms 10-Q”), respectively (the “Delinquent Filings”), the Staff has determined that the Company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the Staff granted the Company an exception until September 30, 2024, to file all delinquent periodic reports. Additionally, the Company was previously deemed delayed on the filing of the Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”); however, the Company has since filed the 2023 Form 10-K on September 27, 2024, and the Staff determined that the Company complies with respect to the 2023 Form 10-K. As a result of the Delinquent Filings, the Company’s common stock and warrants are subject to suspension in trading on October 10, 2024, and delisting from Nasdaq unless the Company appeals and requests a hearing before a Hearings Panel (“Hearings Panel”) by 4:00 Eastern Time on October 8, 2024.
By Sonder Holdings Inc. · Via GlobeNewswire · October 7, 2024
Sonder Holdings Inc. Announces Results of Special Meeting of Shareholders
SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND or the “Company”), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that holders of approximately 57% of Sonder’s outstanding shares of common stock voted to approve all proposals at a Special Meeting of Shareholders held on September 30, 2024.
By Sonder Holdings Inc. · Via GlobeNewswire · October 1, 2024
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 15, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on August 9, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
By Sonder Holdings Inc. · Via GlobeNewswire · August 20, 2024
Sonder Holdings Inc. Announces Strategic Licensing Agreement with Marriott International
Strategic agreement expected to deliver significant revenue opportunities and cost efficiencies
By Sonder Holdings Inc. · Via GlobeNewswire · August 19, 2024
Sonder Holdings Inc. Announces Amendment to Financing Agreement and Provides Update on Portfolio Optimization Program
SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND) (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it has entered into an amendment to its existing note and warrant purchase agreement (the “Financing”) with a syndicate of investors, which provides for, among other things, additional commitments with an aggregate principal amount of $10 million, which will improve the Company’s unrestricted liquidity.
By Sonder Holdings Inc. · Via GlobeNewswire · June 11, 2024
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
SAN FRANCISCO, May 17, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on May 16, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 (the “Q1 2024 Form 10-Q”) and Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”), as described more fully in the Company's Form 12b-25 Notifications of Late Filing (the “Forms 12b-25”) filed with the Securities and Exchange Commission (the "SEC") on May 10, 2024 and March 15, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
By Sonder Holdings Inc. · Via GlobeNewswire · May 17, 2024
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
SAN FRANCISCO, April 05, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on April 2, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”), as described more fully in the Company's Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the "SEC") on March 15, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
By Sonder Holdings Inc. · Via GlobeNewswire · April 5, 2024
Sonder Holdings Inc. Delays Fourth Quarter and Full Year 2023 Financial Results Announcement, and Shares Fourth Quarter and Full Year 2023 Preliminary Highlights
Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will delay the announcement of its fourth quarter and full year 2023 financial results.
By Sonder Holdings Inc. · Via Business Wire · March 15, 2024
Sonder Holdings Inc. Appoints Tom Buoy as Executive Vice President and Chief Commercial Officer
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced the appointment of Tom Buoy as Executive Vice President and Chief Commercial Officer, effective December 11, 2023.
By Sonder Holdings Inc. · Via Business Wire · December 11, 2023
Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on November 27, 2023, the Compensation Committee of Sonder’s Board of Directors made equity inducement grants of stock options exercisable for an aggregate of seventy-one thousand eight hundred twenty (71,820) shares of its common stock to one hundred twenty-one (121) newly hired employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan, as amended (the “Inducement Plan”). The grants included stock options to purchase forty-five thousand (45,000) shares of Sonder’s common stock granted to Adam K. Bowen in connection with his employment as the Company's Chief Accounting Officer. The stock options were granted as an inducement material to the employees’ entering into employment with Sonder (or one of its subsidiaries) pursuant to Nasdaq Listing Rule 5635(c)(4).
By Sonder Holdings Inc. · Via Business Wire · November 28, 2023
Sonder Holdings Inc. Announces Third Quarter 2023 Financial Results
SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced third quarter 2023 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com.
By Sonder Holdings Inc. · Via GlobeNewswire · November 14, 2023
Sonder Holdings Inc. to Report Third Quarter 2023 Financial Results on November 14, 2023
SAN FRANCISCO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report third quarter 2023 financial results on Tuesday, November 14, 2023. Sonder will share a brief advisory containing a link to the third quarter 2023 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via GlobeNewswire · November 9, 2023
Sonder Holdings Inc. Expands in Southern California with Openings in Downtown Los Angeles and Orange County, Including Office-to-Hotel Conversions
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is launching three new properties in Southern California with aesthetics reflecting the heritage and attributes of their surroundings.
By Sonder Holdings Inc. · Via Business Wire · October 16, 2023
Sonder Holdings Inc. Appoints Adam K. Bowen as Chief Accounting Officer
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today the appointment of Adam K. Bowen as Chief Accounting Officer, effective October 9, 2023.
By Sonder Holdings Inc. · Via Business Wire · October 3, 2023
Sonder Holdings Inc. Appoints Seasoned Hospitality Executives Tom Buoy and Simon Turner to Board of Directors
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today changes to the company’s Board of Directors, including the appointments of Tom Buoy and Simon Turner, effective October 1, 2023.
By Sonder Holdings Inc. · Via Business Wire · September 28, 2023
Sonder Holdings Inc. Announces Reverse Stock Split to Regain Nasdaq Compliance
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder” or the “Company”) today announced that it will effect a reverse stock split of its common stock (including special voting common stock) at a reverse stock split ratio of 1-for-20, effective as of the close of trading on September 20, 2023 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Company’s common stock is expected to begin trading on a reverse-split-adjusted basis on Nasdaq as of the open of trading on September 21, 2023 under the existing ticker symbol “SOND.”
By Sonder Holdings Inc. · Via Business Wire · September 19, 2023
Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
THORNTON, Colo., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on September 12, 2023, the Compensation Committee of Sonder’s Board of Directors made equity inducement grants of stock options exercisable for an aggregate of one million seven hundred thirty-two thousand two hundred (1,732,200) shares of its common stock to sixty (60) newly hired employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan, as amended (the “Inducement Plan”). The grants included stock options to purchase one million two hundred thousand (1,200,000) shares of Sonder’s common stock granted to Katherine E. Potter in connection with her employment as the Company's General Counsel. The stock options were granted as an inducement material to the employees’ entering into employment with Sonder (or one of its subsidiaries) pursuant to Nasdaq Listing Rule 5635(c)(4).
By Sonder Holdings Inc. · Via GlobeNewswire · September 12, 2023
Sonder Holdings Inc. Appoints Katherine Potter as General Counsel
THORNTON, Colo., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced the appointment of Katherine Potter as General Counsel, effective September 11, 2023.
By Sonder Holdings Inc. · Via GlobeNewswire · September 11, 2023
Sonder Holdings Inc. Appoints Chad Fletcher as Vice President of Sales
THORNTON, Colo., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced the appointment of Chad Fletcher as Vice President of Sales.
By Sonder Holdings Inc. · Via GlobeNewswire · August 30, 2023
Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on August 17, 2023, the Compensation Committee of Sonder’s Board of Directors made equity inducement grants of stock options exercisable for an aggregate of 487,099 shares of its common stock to one hundred eighty seven (187) newly hired non-executive employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock options were granted as an inducement material to the employees’ entering into employment with Sonder (or one of its subsidiaries) pursuant to Nasdaq Listing Rule 5635(c)(4).
By Sonder Holdings Inc. · Via Business Wire · August 17, 2023
Sonder Holdings Inc. Announces Second Quarter 2023 Financial Results
THORNTON, Colo., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced second quarter 2023 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com.
By Sonder Holdings Inc. · Via GlobeNewswire · August 9, 2023
Sonder Holdings Inc. to Report Second Quarter 2023 Financial Results on August 9, 2023
THORNTON, Colo., July 26, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report second quarter 2023 financial results on Wednesday, August 9, 2023. Sonder will share a brief advisory containing a link to the second quarter 2023 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via GlobeNewswire · July 26, 2023
Sonder Holdings Inc. Launches Powered by Sonder, its First Dedicated Hotel Collection
THORNTON, Colo., July 25, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has launched its first hotel collection, Powered by Sonder.
By Sonder Holdings Inc. · Via GlobeNewswire · July 25, 2023
Sonder Holdings Inc. More Than Doubles Footprint in Florida with Combination of Hotel, Resort and Multi-Unit Apartment Properties
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is launching four new properties across Florida. This will bring the company’s footprint in the state to 930 live units across hotel, resort and multi-unit serviced apartment properties, hosting a diverse group of travelers including leisure, business, and conference guests.
By Sonder Holdings Inc. · Via Business Wire · June 29, 2023
Over a Third of Sonder Holdings Inc. Properties Receive Tripadvisor Travelers’ Choice Awards, Including Highest “Best of the Best” Honors
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, received Tripadvisor 2023 Travelers’ Choice Awards for 87 of its 250+ properties worldwide, with two receiving the highest honor, “Best of the Best”.
By Sonder Holdings Inc. · Via Business Wire · June 20, 2023
Sonder Holdings Inc. More Than Doubles Footprint in Boston with Addition of 264-key Hotel
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today opened The Arcadian, its sixth live property in Greater Boston. It becomes the largest hotel in Sonder’s portfolio, and one of its highest key-count properties alongside Battery Park in New York City and Business Bay in Dubai.
By Sonder Holdings Inc. · Via Business Wire · June 1, 2023
Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO, May 18, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on May 17, 2023, the Compensation Committee of Sonder’s Board of Directors made an equity inducement grant of stock options to thirty-seven (37) newly hired non-executive employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock option awards provide for the purchase of an aggregate of 376,100 shares of Sonder’s common stock.
By Sonder Holdings Inc. · Via GlobeNewswire · May 18, 2023
Sonder Holdings Inc. Announces First Quarter 2023 Financial Results
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced first quarter 2023 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com.
By Sonder Holdings Inc. · Via Business Wire · May 10, 2023
Sonder Holdings Inc. to Report First Quarter 2023 Financial Results on May 10, 2023
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report first quarter 2023 financial results on Wednesday, May 10, 2023. Sonder will share a brief advisory containing a link to the first quarter 2023 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via Business Wire · April 26, 2023
Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on April 10, 2023, the Compensation Committee of Sonder’s Board of Directors made equity inducement grants of stock options exercisable for an aggregate of 327,600 shares of its common stock to ninety-seven (97) newly hired non-executive employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock options were granted as an inducement material to the employees’ entering into employment with Sonder (or one of its subsidiaries) pursuant to Nasdaq Listing Rule 5635(c)(4).
By Sonder Holdings Inc. · Via Business Wire · April 11, 2023
Sonder Holdings Inc. Expands Business Travel Segment with Group Bookings
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has expanded its business travel segment to include group bookings. Sonder also announced a new partnership with HelmsBriscoe, the global leader in meetings procurement and site selection.
By Sonder Holdings Inc. · Via Business Wire · March 22, 2023
Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on March 16, 2023, the Compensation Committee of Sonder’s Board of Directors made an equity inducement grant of stock options to Mr. Dominique Bourgault in connection with his appointment as Sonder’s new Chief Financial Officer, under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock options were granted as an inducement material to Mr. Bourgault entering into employment with one of Sonder’s subsidiaries pursuant to Nasdaq Listing Rule 5635(c)(4), was included in Mr. Bourgault’s offer letter, and was previously described in the Form 8-K filed by Sonder with the U.S. Securities and Exchange Commission on March 6, 2023.
By Sonder Holdings Inc. · Via Business Wire · March 17, 2023
Sonder Holdings Inc. Issues Statement Regarding Silicon Valley Bank
Sonder Holdings Inc. (NASDAQ: SOND; the “Company” or “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, issued a statement regarding Silicon Valley Bank.
By Sonder Holdings Inc. · Via Business Wire · March 10, 2023
Sonder Holdings Inc. appoints Dominique Bourgault as Chief Financial Officer
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced the appointment of Dominique Bourgault as Chief Financial Officer, effective March 6, 2023. Bourgault joins Sonder as the company continues to execute on its Cash Flow Positive Plan to achieve profitability without additional fundraising.
By Sonder Holdings Inc. · Via Business Wire · March 6, 2023
Sonder Holdings Inc. Announces Fourth Quarter and Full Year 2022 Financial Results
SAN FRANCISCO, March 01, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced fourth quarter and full year 2022 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com.
By Sonder Holdings Inc. · Via GlobeNewswire · March 1, 2023
Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that on February 17, 2023, the Compensation Committee of Sonder’s Board of Directors granted inducement stock options exercisable for an aggregate of 833,783 shares of its common stock to one hundred forty (140) newly hired non-executive employees under the Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the “Inducement Plan”). The stock options were granted as an inducement material to the employees’ entering into employment with Sonder (or one of its subsidiaries) pursuant to Nasdaq Listing Rule 5635(c)(4).
By Sonder Holdings Inc. · Via Business Wire · February 17, 2023
Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023
SAN FRANCISCO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report fourth quarter and full year 2022 financial results on Wednesday, March 1, 2023. Sonder will share a brief advisory containing a link to the fourth quarter and full year 2022 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via GlobeNewswire · February 15, 2023
Sonder Holdings Inc. Announces Security Incident with Guest Reservation Database
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder” or the “Company”) advises that measures have been undertaken to respond to an information technology security incident resulting in unauthorized access to one of the company’s systems that included certain guest records. Sonder’s business remains fully operational and the investigation into this incident remains ongoing.
By Sonder Holdings Inc. · Via Business Wire · November 23, 2022
Sonder Holdings Inc. Announces Third Quarter 2022 Financial Results
SAN FRANCISCO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced third quarter 2022 financial results. A Shareholder Letter containing the results can be found on the Company’s website at investors.sonder.com.
By Sonder Holdings Inc. · Via GlobeNewswire · November 9, 2022
Sonder Holdings Inc. Announces Seasoned Tech Industry Finance Executive Sean Aggarwal Appointed to Board of Directors
Sonder Holdings Inc. (“Sonder”; NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today that Sean Aggarwal has joined Sonder’s Board of Directors, effective immediately.
By Sonder Holdings Inc. · Via Business Wire · October 24, 2022
Sonder Holdings Inc. Announces President and CFO Sanjay Banker Will Join Board of Directors
Sonder Holdings Inc. (“Sonder”; NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today that Sanjay Banker will transition from his role as President and Chief Financial Officer to join Sonder’s Board of Directors, effective January 1, 2023, and become a Senior Advisor to the company for a one-year period.
By Sonder Holdings Inc. · Via Business Wire · October 17, 2022
Sonder Holdings Inc. to Report Third Quarter 2022 Financial Results on November 9, 2022
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report third quarter 2022 financial results on Wednesday, November 9, 2022. Sonder will share a brief advisory containing a link to the third quarter 2022 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via Business Wire · October 17, 2022
Sonder Holdings Inc. Appoints Travel Executive Michelle Frymire to Board of Directors
Sonder Holdings Inc. (“Sonder,” NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today changes to the Company’s Board of Directors, including the appointment of Michelle Frymire.
By Sonder Holdings Inc. · Via Business Wire · September 12, 2022
Sonder to Participate at Upcoming Citi 2022 Global Technology Conference
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, will participate in Citi’s 2022 Global Technology Conference. Sanjay Banker, President and Chief Financial Officer, will participate in a fireside chat and host one-on-one meetings with investors.
By Sonder Holdings Inc. · Via Business Wire · September 7, 2022
Sonder Holdings Inc. Appoints Chief Operating Officer and Chief Accounting Officer
Sonder Holdings Inc. (Nasdaq: SOND; “Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today the appointment of Deeksha Hebbar as Chief Operating Officer, and Chris Berry as Senior Vice President and Chief Accounting Officer.
By Sonder Holdings Inc. · Via Business Wire · August 2, 2022
Sonder Holdings Inc. to Report Second Quarter 2022 Financial Results on August 10, 2022
SAN FRANCISCO, July 27, 2022 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it will report second quarter 2022 financial results on Wednesday, August 10, 2022. Sonder will share a brief advisory containing a link to the second quarter 2022 Shareholder Letter, available on the Company’s website. Management will host a conference call and webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, following the release of its earnings materials, to discuss the Company's financial and business results and outlook.
By Sonder Holdings Inc. · Via GlobeNewswire · July 27, 2022
Sonder to Present at Upcoming Nasdaq 46th Investor Conference in London
Sonder Holdings Inc. (NASDAQSOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that Francis Davidson, Co-Founder and Chief Executive Officer, will present and host one-on-one meetings with investors at the Nasdaq Investor Conference. Details for the event are as follows:
By Sonder Holdings Inc. · Via Business Wire · June 13, 2022
Sonder Announces Cash Flow Positive Plan and Projects Positive Quarterly Free Cash Flow within 2023
Sonder Holdings Inc. (“Sonder”, NASDAQ: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today its Cash Flow Positive plan, which prioritizes reaching positive quarterly free cash flow (“FCF”) within 2023 without additional fundraising and while preserving a robust cash cushion.
By Sonder Holdings Inc. · Via Business Wire · June 9, 2022
Sonder Holdings Inc. to Provide Update on Plan and Financial Projections
Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, plans to release an updated plan and financial projections before the market opens on Thursday, June 9. Management will also host an investor conference call to provide an update on Sonder’s business plan and financial projections.
By Sonder Holdings Inc. · Via Business Wire · June 8, 2022
Sonder Holdings Inc. Reveals Nationwide Survey Results Highlighting America’s Return to Travel
Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today released new survey findings, providing data and insights into the return of travel as the summer season approaches and following the most severe downturn in the history of the modern travel industry.
By Sonder Holdings Inc. · Via Business Wire · May 20, 2022
Sonder Holdings Inc. Announces Elimination of Single-Use Plastic Amenities in Guest Units Worldwide
Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is eliminating single-use plastic amenities in all of its guest-facing units no later than Dec. 31, 2022.
By Sonder Holdings Inc. · Via Business Wire · April 19, 2022
Sonder Named to the TIME100 Most Influential Companies List
Sonder Holdings Inc. (Nasdaq: SOND), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it has been named to TIME’s second annual TIME100 Most Influential Companies list. The list—an extension of the annual TIME100 list of the world’s most influential people—highlights 100 companies making an extraordinary impact around the world.
By Sonder Holdings Inc. · Via Business Wire · March 30, 2022
Sonder Holdings Inc. and Gores Metropoulos II Announce Closing of Business Combination
Sonder Holdings Inc. (“Sonder'' or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it completed its previously announced business combination with Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) (“GM II”), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC, and Metropoulos & Co. The business combination was approved at a special meeting of Gores Metropoulos II stockholders on January 14, 2022.
By Sonder Holdings Inc. · Via Business Wire · January 18, 2022
Sonder Holdings Inc. Expands Operations With More Than 25 Newly Opened Buildings in Over a Dozen U.S. Cities
Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today it has added over 25 new buildings across the U.S. to its portfolio in the second half of 2021. The Company’s growth covers over a dozen cities, including top tourist destinations such as New York City, Nashville and Seattle. Sonder’s new locations include both hotel and apartment style spaces – all designed to provide flexible accommodations to serve a wide range of traveler needs.
By Sonder Holdings Inc. · Via Business Wire · January 13, 2022
Sonder Holdings Inc. Builds Corporate Travel Business With +100 New Accounts
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today it has added over 100 new corporate travel accounts over the last year as a result of the high demand for its thoughtfully designed, reliable and tech-enabled accommodations among business and group clients.
By Sonder Holdings Inc. · Via Business Wire · January 7, 2022
Sonder Holdings Inc. Sees Continued Strong Revenue Per Available Room and Occupancy Levels With New Year’s Eve Travelers
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, saw strong demand across its U.S. properties over New Year’s Eve, with Revenue per Available Room increasing more than 10% over New Year’s Eve compared to the same day in 2019, and nearly double 2020 levels. Occupancy rate for New Year’s Eve was over 75%, indicating continued traveler demand for Sonder accommodations despite the Omicron variant.
By Sonder Holdings Inc. · Via Business Wire · January 6, 2022
Sonder Holdings Inc. Expands Canadian Operations With New Properties in Montreal and Toronto
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, increased its footprint in Canada in 2021, by opening new properties and contracting hundreds of additional units across Montreal and Toronto.
By Sonder Holdings Inc. · Via Business Wire · January 4, 2022
Sonder Holdings Inc. Partners With Zen Ecosystems and Arcadia to Optimize Energy Consumption Across Future Properties and Accommodations
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today the implementation of new energy management systems and sourcing to optimize energy consumption and favor renewable energy usage, where possible, across Sonder’s global portfolio of units.
By Sonder Holdings Inc. · Via Business Wire · November 17, 2021
Sonder Holdings Inc. Reports Record Revenue for Q3 and Raises FY 2021 Revenue and Adjusted EBITDA Outlook
Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced financial results for the three months ended September 30, 2021.
By Sonder Holdings Inc. · Via Business Wire · November 9, 2021
Sonder Holdings Inc. Expands into France with Addition of Paris Champs-Elysées Property
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has expanded into France. Sonder recently launched inaugural operations in the country with the management of the Sonder Atala, a 48-unit property located steps from the iconic Champs-Elysées in Paris. The property also features several suites with views of the Eiffel Tower and the Sacré-Cœur Basilica.
By Sonder Holdings Inc. · Via Business Wire · October 6, 2021
Sonder Holdings Inc. Appoints Hospitality Advisory Executive Gilda Perez-Alvarado to Board of Directors
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has appointed Gilda Perez-Alvarado to its Board of Directors.
By Sonder Holdings Inc. · Via Business Wire · September 23, 2021
Sonder Holdings Inc. Grows Footprint in Mexico Adding Eight Additional Properties
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is adding eight additional properties to its existing portfolio of managed and operated accommodations in Mexico City.
By Sonder Holdings Inc. · Via Business Wire · September 16, 2021
Sonder Holdings Inc. Continues to Build World Class Board of Directors in Preparation for Public Listing
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced new appointments to its Board of Directors.
By Sonder Holdings Inc. · Via Business Wire · August 26, 2021
Sonder Holdings Inc. to Expand Middle East Presence with Two New High-Rise Towers in Downtown Dubai
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, will add two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an agreement with Al Fattan Properties LLC, Sonder will manage and operate two of the three Al Fattan Towers in Downtown, with views on Burj Khalifa, to be operated as Sonder Downtown Towers.
By Sonder Holdings Inc. · Via Business Wire · August 17, 2021